MakaveliTheDon 01 Jan 1970 03:00

Update Aug 14, 2018: This article was written before Eventum rebranded to Verity. We are leaving mentions of ‘Eventum’ for historical purposes. Wherever you see ‘Eventum’, you can substitute for our new name: Verity.

We are happy to announce the launch of the first decentralized platform for real-world data feeds, called Eventum, disrupting multi-billion dollar market of real-time data and API. Anyone in the world can get paid for reporting what they see and experience while developers get any data they want in the cheapest, verified and most secure way possible.

Eventum adds unlimited degree of verification to any source of information via the principle of wisdom of crowds and allows any real-world data to be captured and turned into a real-time API. Eventum can detect fake news, do real-time content moderation (e.g. finding racist tweets before they are even posted), power online sports betting systems and fantasy leagues, provide real-time feedback to AI systems, extract data from eSport tournaments and much more. We aim to offer a much-needed layer for secure, reliable and cheap data feeds which do not rely on a single source of truth.

Token modelEVT token is a core part of the system - used for paying the validation work and in staking mechanism, reputation system, disputes and governance

TECHNOLOGY

A decentralized network of validation and data reporting nodes, plus blockchain as a court system - allows Eventum to be real-time, to process hundreds of thousands of transactions per second and still be transparent, secure and decentralized.

The platform consists of 3 layers: the core layer, the services layer and the application layer. Both the decentralized network of nodes, which provides the real-time speed, and blockchain, which provides the security and payment solution are tightly integrated into all 3 layers.

ALPHA VERSION (MVP)

REAL alpha version (not just a Javascript web app) of the platform with validation nodes, smart contracts and a demo web app is live and first users are already solving problems worth billions of dollars. There is at least one live demo event each week, you can find the list HERE.

New partnerships are already being formed every day, including a pilot program to help recognize cancer in a set of medical images via a consensus of radiologists all over the world and a pilot program to determine celestial objects’ properties from multiple amateur astronomers around the globe.

Information

Eventum is the first real-time decentralized oracle capable of extracting the truth from crowds and solving multi-billion dollar problems, including fake news, eSports data extraction and real-time feedback to AI algorithms.

Eventum makes it easy for people to get paid for reporting on real-time events and information around them, while developers can get any data they want in a cheap, fast and secure data feed.It uses the sub-ms network to process data with "wisdom of the crowd" approach and uses blockchain-as-a-court-system on Ethereum network to guarantee security and fairness. ALPHA version of Eventum is currently deployed on testnet and has over 100,000 members.